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The Middle East Point of View issue #2

Offering insights into the region's hot issues


Thought Leadership: the neglected essence of Islamic Finance
Hatim El Tahir

Have Islamic Financial Institutions (IFIs) around the world, including the Gulf region, been so busy structuring products and services that they have overlooked the importance of communicating the essence of Islamic Finance?

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The long unwinding road
Ira Kalish

In the decade prior to the current economic crisis, there was strong consumer spending growth in the United States as well as in smaller economies such as the United Kingdom, Spain and Ireland.

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Tourism, Hospitality & Leisure in the Middle East: ready to move to the next level
Robert O'Hanlon

With world-class infrastructure and facilities and an excellent geographic location on the world stage, the Middle East is expected to emerge as one of the world’s most competitive landscapes offering value tourism and conference experiences to a worldwide customer base.

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 IFRS: the ultimate choice of the accounting world or will the “IASB” march to a different drummer?
Abbas Ali Mirza

While the accounting world may have reason enough to rejoice at the prospect of finally being able to sing the “one world, one music” accounting standards tune, there are some who still have doubts about the commitment of the U.S. to allow that to happen soon.

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Market efficiency in the Gulf
Ben Moore

How do the GCC markets compare with more developed economies in terms of market efficiency? Not too well, according to this author, though recent developments have been encouraging.

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Have governments been quicker than corporations to advance talented women?
Rana Ghandour Salhab

Only 28% of the adult female population in the Middle East is economically active, the lowest rate in the world. While this statistic is consternating, in nearly all Middle Eastern countries, women today are better represented and are beginning to play a more prominent role in the workplace than was the case in the year 2000.

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Trends in government services in the GCC countries
Abdelhamid Suboh

In recent years, governments in the Gulf cooperation Council (Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Oman and Kuwait) embarked on a large number of initiatives to enhance government services to citizens, residents and businesses both at the national level and at the GCC level.

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 An introduction to VAT
Justin Whitehouse

Since the early 1990s VAT has been adopted by various countries as an efficient alternative revenue source. But there are those who are still holding out.

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 The time to change is now: enhancing HR service delivery across the Middle East
Linda Jarnhamn

Human Resource functions in companies across the Middle East have reached a point of no return. The pressure to change has become too great for HR and business leaders to neglect.

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Protecting what matters
Fadi Mutlak

The world contains a vast amount of digital information which is diverse, complex and most importantly, continuing to grow at an exponential rate. Although this new information superhighway allows us to make gains in all sectors, it also creates a host of problems, not least of which is data protection.

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To read the whole magazine, click here.

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